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Türkiye will release its second-quarter 2025 gross domestic product (GDP) data on September 1, with calculations also revised to include Syrian refugees under temporary protection in per capita figures, the Turkish Statistical Institute (TurkStat) announced.
The data will be published online at 10:00 a.m. local time (GMT+3), TurkStat said.
The Turkish economy grew 2% in the first quarter of 2025 year-over-year, a slower pace compared with the 3% growth in the last quarter of 2024 and 5.7% in the first quarter of 2024.
A survey by Anadolu Agency Finance shows economists expect Türkiye’s economy to have grown by an average of 3.87% in April–June, with forecasts ranging from 2.2% to 5%. For the full year 2025, participants expect growth of about 3.18%.
Reuters’ survey forecasts second-quarter GDP growth in a range of 2.2% to 4.5%, with a median estimate of 4.1%, and expects 2.9% growth for 2025 overall.
During the same period, the world’s largest economy, the United States, expanded by 3.3% on an annualized basis, while China posted 5.2% growth. Eurozone economies grew by 1.5%, while growth for the OECD as a whole remained unchanged at 1.7%.
Türkiye's economy had expanded by 2.5% in the same quarter of the previous year.
Alongside the GDP release, the Turkish Statistical Institute (TurkStat) confirmed that it has completed a comprehensive revision of its national accounts system.
The revision follows the "Harmonized European Revision Policy," under which European Union member states update their systems every five years to improve comparability and reliability.
The revisions involved new classifications, business registers, survey methods, and administrative data sources, as well as the integration of electronic invoice data.
Supply and use tables, which track the production and consumption of goods and services, have been recalculated to ensure balance in GDP measurement.
TurkStat noted that the revised GDP series has been extended back to 1995, reflecting updates in production, expenditure, and income components.
The new system also incorporates adjustments for previously unrecorded labor payments and changes in profit measures.
As part of the revisions, Türkiye will for the first time include Syrian refugees under temporary protection in the calculation of per capita GDP.
Data from the Interior Ministry’s Directorate General of Migration Management show that figures for 2013–2024 have been updated to account for this population.
TurkStat explained that this adjustment ensures a more accurate representation of economic output per person, since population figures now include both citizens and those under temporary protection.
The change will also be reflected in upcoming publications on government accounts, institutional sector accounts, and provincial GDP.
As of Aug. 21, the number of Syrian refugees under temporary protection stands at 2.5 million, marking a decline of nearly 400,000 since 2024 as returns to their homeland continue following the collapse of the Assad regime in December.
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